10-Q Filing

MAUI LAND & PINEAPPLE CO INC CIK: 63330 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-007852`
Period End Date	20140331
Filing Date	20140502
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	mlp-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 45 Cash Flow Statement 26 Stockholders Equity 22 Comprehensive Income 6

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$163.00K	USD	Point-in-time
Accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$163.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	43.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	43.00M	shares	Point-in-time
Accounts receivable, less allowance of $163 for doubtful accounts	`AccountsReceivableNetCurrent`	$1.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.77M	shares	Point-in-time
Accounts receivable, less allowance of $163 for doubtful accounts	`AccountsReceivableNetCurrent`	$1.49M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.74M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$596.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$538.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.77M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.74M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$778.00K	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$744.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.90M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.29M	USD	Point-in-time
PROPERTY	`PropertyPlantAndEquipmentGross`	$77.27M	USD	Point-in-time
PROPERTY	`PropertyPlantAndEquipmentGross`	$77.27M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$37.08M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$37.67M	USD	Point-in-time
Net Property	`PropertyPlantAndEquipmentNet`	$40.18M	USD	Point-in-time
Net Property	`PropertyPlantAndEquipmentNet`	$39.60M	USD	Point-in-time
Deferred development costs	`DeferredCosts`	$7.73M	USD	Point-in-time
Deferred development costs	`DeferredCosts`	$7.73M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$2.94M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$2.76M	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$10.67M	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$10.49M	USD	Point-in-time
TOTAL	`Assets`	$53.75M	USD	Point-in-time
TOTAL	`Assets`	$53.38M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$49.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$749.00K	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$995.00K	USD	Point-in-time
Payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$362.00K	USD	Point-in-time
Payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$221.00K	USD	Point-in-time
Current portion of accrued retirement benefits	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent`	$443.00K	USD	Point-in-time
Current portion of accrued retirement benefits	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent`	$420.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$999.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.42M	USD	Point-in-time
Current portion of accrued contract terminations	`ContractTerminationAccrualsCurrent`	$159.00K	USD	Point-in-time
Current portion of accrued contract terminations	`ContractTerminationAccrualsCurrent`	$159.00K	USD	Point-in-time
Other accrued liabilities, including deferred revenue	`OtherLiabilitiesCurrent`	$2.50M	USD	Point-in-time
Other accrued liabilities, including deferred revenue	`OtherLiabilitiesCurrent`	$2.22M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$5.05M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$54.60M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$50.60M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$20.31M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$20.87M	USD	Point-in-time
Accrued contract terminations	`ContractTerminationAccrualsNoncurrent`	$475.00K	USD	Point-in-time
Accrued contract terminations	`ContractTerminationAccrualsNoncurrent`	$316.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.93M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.05M	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$76.16M	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$26.39M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock--no par value, 43,000,000 shares authorized, 18,766,246 and 18,737,384 shares issued and outstanding	`CommonStockValue`	$76.98M	USD	Point-in-time
Common stock--no par value, 43,000,000 shares authorized, 18,766,246 and 18,737,384 shares issued and outstanding	`CommonStockValue`	$76.81M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$9.25M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$9.24M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-94.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-93.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.55M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-34.36M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-27.83M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-27.23M	USD	Point-in-time
Stockholders' Deficiency	`StockholdersEquity`	$-35.84M	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$53.75M	USD	Point-in-time
TOTAL	`LiabilitiesAndStockholdersEquity`	$53.38M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Commissions	`OtherRealEstateRevenue`	$96.00K	USD	1 Quarter
Commissions	`OtherRealEstateRevenue`	$83.00K	USD	1 Quarter
Leasing	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.31M	USD	1 Quarter
Leasing	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.33M	USD	1 Quarter
Utilities	`UtilityRevenue`	$722.00K	USD	1 Quarter
Utilities	`UtilityRevenue`	$827.00K	USD	1 Quarter
Resort amenities and other	`SalesRevenueServicesNet`	$352.00K	USD	1 Quarter
Resort amenities and other	`SalesRevenueServicesNet`	$380.00K	USD	1 Quarter
Total Operating Revenues	`Revenues`	$2.63M	USD	1 Quarter
Total Operating Revenues	`Revenues`	$2.47M	USD	1 Quarter
Other	`CostOfOtherPropertyOperatingExpense`	$397.00K	USD	1 Quarter
Other	`CostOfOtherPropertyOperatingExpense`	$305.00K	USD	1 Quarter
Leasing	`LeasingExpense`	$780.00K	USD	1 Quarter
Leasing	`LeasingExpense`	$550.00K	USD	1 Quarter
Utilities	`UtilitiesOperatingExpense`	$555.00K	USD	1 Quarter
Utilities	`UtilitiesOperatingExpense`	$573.00K	USD	1 Quarter
Resort amenities and other	`CostOfServices`	$281.00K	USD	1 Quarter
Resort amenities and other	`CostOfServices`	$190.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$711.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$411.00K	USD	1 Quarter
Depreciation	`Depreciation`	$686.00K	USD	1 Quarter
Depreciation	`Depreciation`	$584.00K	USD	1 Quarter
Pension and other postretirement expenses (Note 11)	`PensionAndOtherPostretirementBenefitExpense`	$141.00K	USD	1 Quarter
Pension and other postretirement expenses (Note 11)	`PensionAndOtherPostretirementBenefitExpense`	$222.00K	USD	1 Quarter
Total Operating Costs and Expenses	`OperatingExpenses`	$2.85M	USD	1 Quarter
Total Operating Costs and Expenses	`OperatingExpenses`	$3.54M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-912.00K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-376.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-477.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-694.00K	USD	1 Quarter
Loss from Continuing Operations, net of income taxes of $0	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-853.00K	USD	1 Quarter
Loss from Continuing Operations, net of income taxes of $0	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.61M	USD	1 Quarter
Loss from Discontinued Operations (Note 7), net of income taxes of $0	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-56.00K	USD	1 Quarter
Loss from Discontinued Operations (Note 7), net of income taxes of $0	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-209.00K	USD	1 Quarter
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-909.00K	USD	1 Quarter
NET LOSS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.81M	USD	1 Quarter
Pension, net of income taxes of $0	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-228.00K	USD	1 Quarter
Pension, net of income taxes of $0	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-146.00K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-763.00K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-1.59M	USD	1 Quarter
Continuing Operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.09	USD	1 Quarter
Continuing Operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.05	USD	1 Quarter
Discontinued Operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
Net Loss (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Net Loss (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-1.29M	USD	1 Quarter
NET CASH USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-1.76M	USD	1 Quarter
Purchases of property	`PaymentsToAcquireProductiveAssets`	$4.00K	USD	1 Quarter
Payments for other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00K	USD	1 Quarter
Payments for other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$39.00K	USD	1 Quarter
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-34.00K	USD	1 Quarter
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-43.00K	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.70M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.60M	USD	1 Quarter
Debt and common stock issuance cost and other	`PaymentOfFinancingAndStockIssuanceCosts`	$270.00K	USD	1 Quarter
Debt and common stock issuance cost and other	`PaymentOfFinancingAndStockIssuanceCosts`	$159.00K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.43M	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.44M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$120.00K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-372.00K	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$479.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$359.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$479.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$829.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$359.00K	USD	Point-in-time
Interest (net of amounts capitalized)	`InterestPaidNet`	$426.00K	USD	1 Quarter
Interest (net of amounts capitalized)	`InterestPaidNet`	$566.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$150.00K	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-34.36M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-27.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-27.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-35.84M	USD	Point-in-time
Beginning balance (in Shares)	`CommonStockSharesIssued`	18.77M	shares	Point-in-time
Beginning balance (in Shares)	`CommonStockSharesIssued`	18.74M	shares	Point-in-time
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$99.00K	USD	1 Quarter
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$108.00K	USD	1 Quarter
Issuance of shares for incentive plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$218.00K	USD	1 Quarter
Issuance of shares for incentive plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$133.00K	USD	1 Quarter
Shares cancelled to pay tax liability	`StockRepurchasedAndRetiredDuringPeriodValue`	$70.00K	USD	1 Quarter
Shares cancelled to pay tax liability	`StockRepurchasedAndRetiredDuringPeriodValue`	$150.00K	USD	1 Quarter
Other comprehensive income-pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-228.00K	USD	1 Quarter
Other comprehensive income-pension	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-146.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-909.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.81M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-34.36M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-27.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-27.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-35.84M	USD	Point-in-time
Ending balance (in Shares)	`CommonStockSharesIssued`	18.77M	shares	Point-in-time
Ending balance (in Shares)	`CommonStockSharesIssued`	18.74M	shares	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Continuing Operations, income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Continuing Operations, income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Discontinued Operations, income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Discontinued Operations, income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Pension, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	-	USD	1 Quarter
Pension, income taxes	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.